Assume that as the economy booms, the demand for business and consumer loans rises significantly, while the supply of funds and loans remains constant. As a result, the market interest rate for business and consumer loans rises to 20% per year. The government implements a ceiling on interest rates of 15% a year and as a result... Group of answer choices A greater number of business and consumer loans are made at a lower interest rate than previously. The quantity demanded of business and consumer loans rises, while the quantity supplied falls and a surplus occurs The demand of business and consumer loans rises, while the supply falls and a shortage occurs The quantity demanded of business and consumer loans rises, while the quantity supplied falls and a shortage occurs